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October 8, 2025, 3:35 PM
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Bloomberg:
Nvidia's and OpenAI's wave of deals is escalating concerns that the $1T+ AI boom is being artificially propped up by interconnected business transactions  —  A wave of deals and partnerships are escalating concerns that the trillion-dollar AI boom is being propped up by interconnected business transactions.
Annie Palmer / CNBC:
Jensen Huang says AMD offering a 10% stake to OpenAI is “imaginative” and “surprising” considering that AMD was “so excited about” its next-generation chip  —  Nvidia CEO Jensen Huang said Wednesday that he's surprised Advanced Micro Devices offered 10% …
Bloomberg:
Sources: xAI nears a deal to raise $20B in equity and debt, tied to the Nvidia GPUs that xAI plans to rent for Colossus 2, with Nvidia investing as much as $2B
Ryan Whitwam / Ars Technica:
Google Pixel 10 Pro Fold review: nice display and most AI features run on device, but cameras are a step down from other Pro Pixels, Tensor G5 shows small gains  —  Google delivers another phone that is slightly better than its predecessor—is that enough?  —  When the first foldable phones …
Victoria Song / The Verge:
Google Pixel Watch 4 review: a significant leap in Google's smartwatch lineup with a nice domed display, but Gemini is unreliable, and GPS maps are still wonky  —  Five years ago, I used to groan when it came time to review an Android smartwatch.  Back then, anything that wasn't a Samsung watch was disappointing at best.
Billy Steele / Engadget:
Google Pixel Buds 2a review: ANC is a welcome addition and sound is detailed and punchy, but there's still no wireless charging and voice performance suffers
Jess Weatherbed / The Verge:
Filing: Elon Musk and X settle a lawsuit by former Twitter CEO Parag Agrawal, Chief Legal Officer Vijaya Gadde, and others over $128M+ in unpaid 2024 severance  —  The settlement agreement over withheld severance is dependent on Musk meeting ‘certain conditions.’
Financial Times:
Sources: OpenAI and Anthropic consider using investor funds to settle potential claims from multibillion-dollar lawsuits, as insurers balk at covering AI risks  —  Companies struggle to assess scale of financial risks emerging from artificial intelligence  —  OpenAI and Anthropic …
Barbara Moens / Financial Times:
Sources: Meta and Apple are close to settling two EU antitrust cases and agreeing to a deal to change their business practices after a total €700M in DMA fines  —  US Big Tech groups in final stages of agreeing deal with Brussels to avoid series of escalating fines
CryptPad Blog:
Open letter: 40+ European companies oppose the EU's “Chat Control” proposal, which would force services to scan messages for CSAM, fearing a backdoor mandate  —  Today we are adding our signature (and that of our parent company XWiki SAS) to a new open letter against the so-called “Chat Control” EU regulation.
Sam Clark / Politico:
A website set up by a Danish software developer floods EU lawmakers with emails opposing planned EU “Chat Control” laws to fight CSAM by scanning encrypted apps
Kurt Schlosser / GeekWire:
Amazon announces Amazon Pharmacy kiosks to quickly dispense medications to patients after an appointment, initially rolling out in its One Medical offices in LA  —  Amazon is erasing the distance between the doctor's office and the pharmacy with the introduction of new Amazon Pharmacy kiosks …
Dasha Afanasieva / Bloomberg:
US House lawmakers criticize ASML, Tokyo Electron, KLA, and other equipment makers for selling to the Chinese military and helping build China's chip industry  —  Semiconductor companies including Applied Materials Inc. and ASML Holding NV fell after a US House committee said that the industry …
Ben Thompson / Stratechery:
Q&A with Sam Altman on OpenAI's unifying vision, infrastructure deals, the investor mindset, ChatGPT apps, Instant Checkout, Sora, copyright, feedback, and more  —  Today's Stratechery Interview is with OpenAI co-founder and CEO Sam Altman.  I have interviewed Altman twice before …
Naga Avan-Nomayo / The Block:
Polymarket CEO Shayne Coplan says the startup raised two undisclosed rounds: $55M at a $350M valuation in 2024 and $150M at a $1.2B valuation earlier in 2025  —  - Polymarket CEO Shayne Coplan says the prediction platform raised $55 million in 2024 and $150 million earlier this year.
John Revill / Reuters:
SoftBank Group agrees to acquire ABB's robotics business, which generated $2.3B in sales in 2024, for $5.4B; ABB expects the deal to close in mid-to-late 2026  —  SoftBank Group (9984.T) said on Wednesday it has agreed to buy the robotics business of Swiss engineering group ABB (ABBN.S) in a $5.4 billion deal.
Mark Hallam / DW News:
Germany's Federal Cartel Office opens an investigation into whether Temu is influencing the pricing of third-party merchants, potentially stifling competition  —  Germany's competition watchdog has announced an investigation of Chinese discount online retail site temu.com, suspecting it of influencing retailers' prices.
More: Reuters
Pew Research Center:
A survey of US parents: 90% say their kids aged 12 or younger watch TV, 68% use a tablet, 61% use a smartphone, 50% use a gaming device, and 8% use a chatbot  —  From YouTube to smartphones to tablets, tech is part of kids' lives.  AI chatbots are part of the mix now, too.
Alex Konrad / Upstarts Media:
New York-based Crosby, a law firm that uses AI to help speed up the contracts process, raised a $20M Series A co-led by Index Ventures, BCV, and Elad Gil  —  Crosby, led by lawyer turned founder Ryan Daniels, has raised a $20 million Series A from Index and Bain Capital Ventures to expand its AI-assisted legal work.
Financial Times:
UK filings: Revolut CEO and largest shareholder Nik Storonsky has changed his residency from the UK to the UAE; Revolut is awaiting a full UK banking license  —  Change in billionaire's country of residence disclosed in Companies House filing  —  Nik Storonsky, Revolut's billionaire co-founder …
Washington Post:
An analysis of 1,100 TikTok users' watch histories across six months in 2024 shows just how effective TikTok is at getting even its heaviest users to watch more  —  More than 800 U.S. TikTok users shared their data with The Washington Post.  We used it to find out why some people become power users, spending hours per day scrolling.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:35 PM ET, October 8, 2025.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ashley Capoot / CNBC:
Disney and OpenAI sign a three-year deal to bring 200+ Disney characters to Sora; Disney will make a $1B investment in OpenAI and become a major OpenAI customer

Max Tani / Semafor:
Sources: WaPo's top standards editor decried “frustrating” errors in its new AI-generated personalized podcasts, announced this week for users of its mobile app

Axios:
Sources: during the bidding process, Paramount promised WBD that its foreign partners and Jared Kushner's fund wouldn't have any voting or governance rights

More News

Tom Warren / The Verge:
Microsoft delays last week's 50% price hike for existing Xbox Game Pass Ultimate subscribers in Germany, Ireland, South Korea, Poland, India, and other markets
Nick Lichtenberg / Fortune:
Harvard economist Jason Furman estimates that investments in data centers and information-processing software accounted for 92% of the US' GDP growth in H1 2025

Earlier Picks

Kunal Manchanada / Entrackr:
Raise Financial Services, the parent company of Indian stock trading and investment app Dhan, raised $120M led by Hornbill Capital at a $1.2B valuation
Bloomberg:
Sources: $TRUMP issuer Fight Fight Fight LLC is working to raise $200M to $1B to create a digital asset treasury company to accumulate the struggling token
Anthropic:
Anthropic plans to open its first Indian office, in Bengaluru, in early 2026; Dario Amodei is visiting India to meet government officials and potential partners
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